Oracle 1Z0-1080-22 Online Practice Questions and Exam Preparation

Oracle 1Z0-1080-22 Online Questions & Answers

• Question 11:

  After loading Workforce data from external systems, which two statements describe actions you can take to process Workforce data? (Choose two.)

  A. If an existing employee was omitted from the load file, you can add that existing employee in Workforce. Then assign properties and compensation options for that employee.
  B. To calculate updated compensation data after changing benefit options and rates from the loaded file, first change the benefit options and rates in Workforce and then run the Calculate Compensation business rule.
  C. If an existing employee was not loaded from the load file, you won't be able to add their compensation information before first adding them to the source system and reloading the file.
  D. Because you cannot override loaded default assignments in Workforce, change the defaults in the load file and reload it.
  E. To override loaded default assignments, change them in Workforce. After saving your changes, updated compensation data is calculated.
  B. To calculate updated compensation data after changing benefit options and rates from the loaded file, first change the benefit options and rates in Workforce and then run the Calculate Compensation business rule.
  D. Because you cannot override loaded default assignments in Workforce, change the defaults in the load file and reload it.

• Question 12:

  In Strategic Modeling Simulations, which probability distribution describes many phenomena such as returns on equity or assets, inflation rates, or currency fluctuations? (Choose the best answer.)

  A. Normal
  B. Lognormal
  C. Triangular
  D. BetaPERT
  E. Uniform
  A. Normal

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  Explanation/Reference:

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/strat_mod_simulations_probability_descriptions_100x1e88e4d0.html

• Question 13:

  Which option is true when implementing access permissions in Planning? (Choose the best answer.)

  A. Users and groups are restricted from accessing applications by removing custom application and plan-type security
  B. A member that is set to read that has a parent with write access to all descendants will result in an access level of read
  C. Planning roles can be assigned to members in all dimensions in all modules in the application
  B. A member that is set to read that has a parent with write access to all descendants will result in an access level of read

• Question 14:

  A company has enabled and configured Financials. Which are three recommended post configuration tasks? (Choose three.)

  A. Entering exchange rates
  B. Defining and managing the accounts and drivers
  C. Specifying days in period for driver-based Balance Sheet
  D. Running Financials rules to aggregate and calculate the data
  E. Setting Up Planning and Forecast Preparation
  F. Modifying account signage for alternate reporting methods
  A. Entering exchange rates
  C. Specifying days in period for driver-based Balance Sheet
  E. Setting Up Planning and Forecast Preparation

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  Explanation/Reference:

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/fin_configuring_financials__104xdb20950b.html

• Question 15:

  Which three metadata artifacts can be exported to a flat file? (Choose three.)

  A. Exchange Rate Tables
  B. Dimensions
  C. Smart Lists
  D. Linked Reporting Objects
  E. Data Entry Forms
  A. Exchange Rate Tables
  B. Dimensions
  C. Smart Lists

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  Explanation/Reference:

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/exp_meta.html

• Question 16:

  A company has enabled Financials and now would like to make changes to the initial configuration. Which three changes can be made? (Choose three.)

  A. Enabling Expense
  B. Enabling Income Statement
  C. Disabling already enabled features
  D. Adding custom dimensions
  E. Enabling Rolling Forecast
  F. Removing custom dimensions
  A. Enabling Expense
  B. Enabling Income Statement
  E. Enabling Rolling Forecast

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  Explanation/Reference:

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/fin_enabling_financials_features_110xdb25742f.html

• Question 17:

  When loading Salaries into Workforce, which Property should the values be loaded to? (Choose the best answer.)

  A. OWP_Gross Earnings
  B. OWP_Salary Basis
  C. OWP_Value
  D. OWP_Expense Amount
  B. OWP_Salary Basis

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  Explanation/Reference:

  The salary basis specifies the frequency of the amount sent to payroll and stored as salary, such as annual or hourly amount. It also specifies the payroll element and input value that feeds the salary to payroll and the grade rate that provides the salary range.

  Reference: https://docs.oracle.com/cloud/farel9/common/FAIWC/F1443869AN18796.htm

• Question 18:

  Which three artifacts can be imported from a flat file? (Choose three.)

  A. Exchange Rate Tables
  B. Smart Lists
  C. Linked Reporting Objects
  D. Cell Text
  E. Dimensions
  A. Exchange Rate Tables
  B. Smart Lists
  E. Dimensions

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  Explanation/Reference:

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/imp_meta.html

• Question 19:

  Which two clients or command line tools can you download from Planning? (Choose two.)

  A. Data Management
  B. EPM Automate
  C. Strategic Modeling Smart View add-on
  D. Calculation Manager
  B. EPM Automate
  C. Strategic Modeling Smart View add-on

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  Explanation/Reference:

  Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/cgsus/1_about_epm_cloud_new_sku_epm_standard.html

• Question 20:

  How do you add custom dimensions when you enable features? (Choose the best answer.)

  A. By adding a new dimension with Data Management
  B. By adding a new dimension to the cube in Create and Manage Dimensions
  C. By renaming a dimension in Map/Rename Dimensions
  D. By creating a new dimension in Application Overview
  C. By renaming a dimension in Map/Rename Dimensions

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  Explanation/Reference:

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/fin_map_rename_associate_features_100x47461ca7.html